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. faa furloughs, they just kicked in. some delays now appearing late yesterday in and is around new york. this st for the first time with travelers waiting more than an hour. delays were seen at other airports in the u.s. the faa furloughs affect 47,000 employees, including nearly 13,000 air traffic controllers. experts say the first real test is today when traffic increases and you remember, you saw all these stories, even last week saying the sequester doesn't matter. >> because a lot of the stuff hasn't kicked in. now, if things don't matter this week, then you can say they really don't matter. >> so this is the test one way or the other. we're going to talk to mike boyd about all this and more. >> in economic news, a business economist says washington's budget tightening is having a minimal effect on business. 93% of those surveyed say political developments had no effect if the first quarter and 95% say they had no impact on capital spending plans. among the biggest concerns, global economic conditions and the potential for further government spending cuts and the regulatory environ
of the country. the faa estimates nationally that these delays would cause 6,700 delays a day. >>> a nuclear power plant in eastern tennessee has extra security this morning after a shooting over the weekend. police say a man fired shots at a guard who then returned fire. it happened at the watts bar plant in spring city. no one was hurt. >>> well, president obama has invited all 20 female senators to dinner at the white house tonight. it's the latest get-together scheduled by the president in an effort to find common ground with congress. no word yet on just who has rsvp'd. >>> and new york mayor michael bloomberg wants to raise the legal age to buy cigarettes from 18 to 21. it would be the strictest limit of any big city but would only affect purchases. it would not prohibit those younger from 21 from having or even smoking cigarettes. >>> no to what's moving your money. cnbc's courtney reagan is here. courtney, good morning to you. >> hi, richard. apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall s
, as the faa furlough air traffic controllers. leading to reports of flight delays across the country but they suggest it's nothing more than a political strategy to get travelers to campaign to reduce the budget in other areas that would not delays passengers. some of the spending and $500 million they are spending, quote consultants or the $325 million for supplies and travel. there is the department of transportation $474 million grant program that promises to make communities more livable and sustainable. you may recall tsa, different agency but speaks to the spending that our government level, recently okayed a $50 million contract for new uniforms. that is a lot of dough. are we spending it well. so tsa is under dhs which is not the same, the point is just that they spend and they spend and they spend. they found $50 million to spend over the tsa and uniforms when it comes to air traffic controllers, now they to furlough and cut back? >> the numbers are all there. you laid out important numbers there. $474 million to make communities more livable through the faa, honestly, money
at the airport. the f.a.a. imposing furloughs on thousands of employees. those cuts are being blamed on sequester. guess what? delays, delays, delays. >>steve: with fewer workers responsible for the same number of planes that means you're going to have to wait. here now stuart varney, we're not going to make him wait. the scare quester didn't work. now what they're trying to do is inflict pain. people are going to sit on planes, they're going to call their congressmen. "you've got to do something about it! " >> that's right. quick pop quiz. did you know the f.a.a., the people who run the air traffic system, this year they will spend $500 million on consultants, $325 million on supplies and travel, $474 million on grants to make communities more livable and sustainable. >>steve: are you saying there's money available where they don't have to furlough those guys? >> exactly. why don't you take some of that money and put it into the air traffic controllers' bucket so we don't have to have these delays? because the president says we don't have the flexibility. we cannot redirect spending. not allowed
an advisory group. another thing that airline passengers might notice, longer flight delays. faa furloughing 10% of workforce because of federal spending cuts and causing delays of up to two hours at airports in los angeles, new york, and washington, d.c. our casey wian live with more on what's going on. what's going on, casey? >> reporter: wolf, another rough evening for travelers here at los angeles international airport. up to 80% of departures delayed, and 20% of arrivals, according to flightview.com. due to faa staffing issues, workforce reductions, that started sunday night. erin was on a flight sunday night from las vegas to l.a. little did she know, forced spending cuts began the same day, reducing the number of air traffic controllers on duty. the result? major flight delays. >> on an 8:25, and when i rebooked, our departure time, 1:45 a.m. a couple airline employees said it was due to fog, and a couple says it was due to sequestration. >> reporter: actually it was both according to air traffic union rep, who was working sunday night. there are four parallel runways that can operate
. >>> and a news conference. flight delays are piling up after budget cuts forced the faa to furlo air traffic controllers. passengers on washington to new york shuttle flights could have gotten there faster by train. with about 10% scheduled to be off daily until october officials forecast the effect could snow ball. we've all had those moments. when you lost the thing you can't believe you lost. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. what that's great. it won't take long, will it? nah. okay. this, won't take long will it? no, not at all. how many of these can we do on our budget? more than you think. didn't take very long, did it? this spring, dig in and save. that's nice. post it. already did. more saving. more doing. that's the power of the home depot. dig in and save with vigoro one-quart annuals, four for just ten bucks. and a lennox home comfort system may
an hour long. >> reporter: the faa is blaming the delays on across-the-board budget cuts which, it says, forced it on to furlough 15,000 air traffic controllers and other workers and were spacing out flights in the name of safety. several hundred flights delayed, less than the agency's prediction of 6,700 daily flight delays. but transportation secretary ray lahood warns abc, we might see an airplane apocalypse yet. >> we did not take into account weather activities. these delays could get extended beyond the 60 to 90 minutes. >> reporter: late monday, i decided to investigate the delays myself. taking a round-trip from miami -- not bad. taking off about 25 minutes late. to orlando -- it looks like we're about to take off about 50 minutes late. not too bad given the circumstances. and back. now, a lot of folks back in there gripe that probably the airports that the politicians and congressmen use, washington national, probably didn't have too many delays. it did. delays up to two hours. airline analysts say if this persists through the summer, we could see ticket prices start to rise. r
Search Results 0 to 6 of about 7

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